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Articles

Tesla chief executive and owner Elon Musk was the world's richest person in 2024 with a net worth of $432 billion. Reuters
Camera10
Elon Musk ends 2024 as world's richest person

Wealth of world’s 500 richest surpassed $10 trillion in 2024 driven by stock market gains

MoneyJanuary 01, 2025
As more people come to the UAE to seek jobs, more candidates are available in the market than jobs
UAE salaries: Will you earn more in 2025?

Influx of talent is leading to wage stagnation in certain roles, experts say

MoneyDecember 31, 2024
Russell Crowe is estimated to have a net worth of $120 million. Getty Images
Celebrity Net Worth: Russell Crowe lists Sydney apartment for $50m

In our fortnightly celebrity investment and wealth round-up, Taylor Swift paid $197 million in bonuses to concert tour performers and Michael Jordan sells Chicago mansion for $9.5 million

MoneyDecember 30, 2024
Dubai has witnessed surging demand for rental and purchase properties. The National
Dubai to unveil new rental index based on real-time transactions

New index comes amid population boom and surging demand for homes

PropertyDecember 29, 2024
Sophia Bhatti, founder and chief executive of Wimbledon Wealth, wants to generate enough passive income to allow her to live and work more flexibly. Antonie Robertson / The National
Money & Me‘My emergency fund helped me stay afloat during the pandemic’

Sophia Bhatti, founder and chief executive of Wimbledon Wealth, picks her best investment as a London apartment she bought at the age of 22

MoneyDecember 27, 2024
Fraudsters tend to target individuals who lack sufficient knowledge about cryptocurrencies. Getty Images
Play02:55
How fear of missing out is leading to a surge in crypto scams

Investors should deal with regulated service providers and exercise the same caution as they would in the fiat world, experts say

MoneyDecember 27, 2024
Kuwait will impose a new tax on multinational companies operating there from January 1, 2025. Reuters
Kuwait to introduce 15% tax on multinational companies

The law is in line with global tax standards and its goal is to curb evasion

EconomyDecember 25, 2024
Sunny Savani, an associate director with real estate company Savills, saves 50 per cent of his monthly income. Antonie Robertson / The National
My Dubai Salary‘I earn Dh40,000 to Dh50,000 in real estate’

Sunny Savani invests in fixed deposits, stocks and ETFs and aims to buy rental properties in Dubai and the UK

MoneyDecember 24, 2024
A Qatari LNG carrier passes through the Suez Canal. The EU’s new corporate sustainability directive calls for non-compliance fines of at least 5 per cent of a company’s annual global revenue. AFP
Qatar’s threat to stop EU gas sales may set a precedent for other energy-exporting nations

The Gulf state's energy minister made the claim in response to stringent EU sustainability and reporting regulations

EnergyDecember 22, 2024
Jacob Hall, global director of advisory at Hoxton Wealth, invests in exchange-traded funds, mutual funds, bonds, equities and properties. Antonie Robertson / The National
Money & Me‘Life is for living but not at the cost of your retirement’

Jacob Hall, global director of advisory at Hoxton Wealth, wants to be financially free by the time his children turn 18

MoneyDecember 20, 2024
Shafnaa Shamsuddin was the victim of a crypto scam in the UAE. Photo: Shafnaa Shamsuddin
Crypto crimes surge as popularity of digital assets grows

Value of cryptocurrencies stolen in 2024 has hit $2.2 billion, Chainalysis study finds

MoneyDecember 19, 2024
Mortgage experts expect a quicker uptake of smaller properties following the Fed's interest rate cuts. Antonie Robertson / The National
How will US Fed rate cut affect UAE mortgages?

The 25 bps cut is expected to make home loans more affordable for middle income users, experts say

MoneyDecember 19, 2024
Parkin operates about 207,000 paid parking spaces in Dubai. Sarah Dea / The National
Dubai’s Parkin signs agreement to expand in Saudi Arabia

Company partners with Batic to identify opportunities to expand paid parking services in kingdom

EconomyDecember 16, 2024
Nancy Ozbek, general manager of Times Square Centre, grows her wealth through disciplined saving, diversified investments and creating various income streams. Pawan Singh / The National
Money & Me‘My family’s retirement plan is aboard a boat’

Nancy Ozbek, general manager of Times Square Centre, says her best investment has been in developing her education and career

MoneyDecember 13, 2024
Aamer Shah, an ethical hacker in Dubai, also invests in gold besides property. Pawan Singh / The National
My Dubai Salary‘I earn more than Dh30,000 as an ethical hacker’

Aamer Shah earns passive income by investing in property and reporting bugs to enterprises

MoneyDecember 10, 2024
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